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Kinross Gold Third-Quarter Adjusted Earnings Beats Forecast

Kinross Gold Third-Quarter Adjusted Earnings Beats Forecast

MT newswireMT newswire2026/10/28 21:15
05:15 PM EDT, 10/28/2026 (MT Newswires) -- Kinross Gold (K.TO) said Wednesday after trade its third-quarter adjusted earnings advanced to $0.50 per share, from $0.44 per share, in the prior year period. Analysts polled by FactSet had expected $0.47 per share. Revenue declined 2% to $1,77 billion, from $1.8 billion, and missed the $1.97 billion forecast. Kinross attributed the decline to a decrease in production and ounces sold. It produced 432,368 gold equivalent ounces (GEO), compared with 520,301 GEO in the previous corresponding quarter. It sold 417,657 GEO, down from 520,733 (GEO). Kinross Gold were trading down $0.18 to $22.80 in New York trading. Its shares closed down CA$0.13, to CA$32.18 on the Toronto Stock Exchange.
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